This property might be a fair Long-Term investment with a projected 5.22% first-year return on $39,102 initial cash invested.
5.22%
Cash On Cash
8.2%
Cap Rate
1.26
DSCR
$1,867
Rent
$170
Cashflow
Cash Flow
$1,867 income − $1,697 expenses = $170 cash flow
Investment Breakdown
|
Purchase Price
$186k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,102
Downpayment
20%
$37,240
Closing costs
1%
$1,862
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,867
Total Expenses
$1,697
Mortgage P&I
54%
$1,009
Property Taxes
7%
$137
Home Insurance
4%
$66
HOA
0%
$0
Property Management
10%
$187
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0